After-hours movers: SMART Global, Chipotle Mexican Grill, LegalZoom and more
SMART Global Holdings (SGH): Rose 8% after reporting better-than-expected quarterly results and guidance. CEO Mark Adams expressed satisfaction with...
Welcome to the Trending News section of Finblog.com, your go-to source for the latest and most relevant updates in the financial world. This category is designed to keep you informed about the most current events, breaking news, and hot topics that are shaping the financial landscape.
Elon Musk’s xAI and Oracle End Talks on $10 Billion Server Deal
Elon Musk’s AI startup xAI and Oracle (NYSE) have ended negotiations on a potential $10 billion server deal, according...
Billionaire investor Ackman kicks off fundraising for new US fund
Hedge fund manager Bill Ackman has launched fundraising for a new U.S.-listed closed-end fund, Pershing Square USA Ltd, which...
S&P 500 Hits Record High Amid Fed Chair Powell’s Testimony
The S&P 500 closed at a record high for the fifth-straight session on Tuesday, rising 0.1% to 5,577.03. Despite...
5 Things to Know Before the Stock Market Opens
The U.S. payroll report is expected to show that employers added 200,000 jobs in June, fewer than last month;...
Alibaba Stock: Stay Greedy, The Catalyst Is Coming
Despite being overlooked amid market highs, Alibaba (NYSE) is setting the stage for a dramatic resurgence. The Chinese e-commerce...
Why this is the most misunderstood bull market
Analysts have consistently underestimated this bull market, according to Alpine Macro strategists. Despite scepticism, they believe equities will continue...
Nvidia stock slips as analyst cuts rating after outperformance
New Street Research has downgraded Nvidia (NASDAQ) from Buy to Neutral, citing limited upside potential. The AI chipmaker’s shares...
Wall Street indexes end higher, helped by Tesla, megacap growth stocks
Wall Street’s main indexes closed higher on Tuesday, driven by gains in Tesla and other megacap growth stocks, despite...
S&P 500 Hits Record High on Tesla Surge and Rate Cut Optimism
The S&P 500 closed above 5,500 for the first time on Tuesday, boosted by a surge in Tesla shares...